# OKX Ether Perpetual Book Shows an $888,000 Sell-Side Lead

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/56434
Published: 2026-11-13T07:13:22.000Z
Updated: 2026-11-13T07:13:22.000Z
Section: Investing

> OKX showed about $22.22 million in sell orders versus $21.34 million in bids. Coinbase spot and Hyperliquid perpetual books had the opposite balance but much less depth.

On Nov. 13, Ether (ETH) was priced at $1,935.20 as OKX's perpetual order book showed about $888,000 more sell-side than buy-side depth in the displayed market snapshot.

The book listed about $22.22 million in sell orders against $21.34 million in bids. The dollar values capture visible order depth on each side of the market, with bids representing buy orders and asks representing sell orders.

Coinbase's spot book and Hyperliquid's perpetual market showed the opposite balance: buy-side depth exceeded sell-side depth on both. Each was far smaller than OKX's perpetual book.

The readings show different order-book balances across three venues at a single point. They do not show whether the imbalances lasted or how the listed orders changed afterward.

Large sudden orders can have a sharper effect on thinner books because less depth is available. The Coinbase and Hyperliquid books were much smaller than OKX's in this comparison, though the snapshot does not measure the effect of any order.